Market Analysis

Bonds are improved today and stocks are flat.  In economic news, the advance estimated for 3rd Qtr GDP showed 2.0% growth vs estimates of 2.0% to 2.2% growth and 1.7% growth in the 2nd Qtr. The October Chicago Purchasing Manager's Index (PMI) came in at 60.6 vs estimates of 58.0 to 58.2 and 60.4 in September.  The Univ of Michigan final Consumer Sentiment Index for October came in at 67.7 vs estimates of 68.0 and vs a 68.2 reading in September.
Posted by Matthew Breston on October 29th, 2010 11:49 AMPost a Comment (0)
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